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Part 1: Document Description
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Citation |
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Title: |
Catastrophic Risk: Social Influences on Insurance Decisions [Dataset] |
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Identification Number: |
doi:10.11588/data/10096 |
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Distributor: |
heiDATA |
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Date of Distribution: |
2016-12-20 |
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Version: |
1 |
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Bibliographic Citation: |
Krawczyk, Michal; Trautmann, Stefan T.; van de Kuilen, Gijs, 2016, "Catastrophic Risk: Social Influences on Insurance Decisions [Dataset]", https://doi.org/10.11588/data/10096, heiDATA, V1 |
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Citation |
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Title: |
Catastrophic Risk: Social Influences on Insurance Decisions [Dataset] |
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Identification Number: |
doi:10.11588/data/10096 |
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Authoring Entity: |
Krawczyk, Michal |
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Trautmann, Stefan T. (Alfred-Weber-Institute of Economics) |
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van de Kuilen, Gijs (Alfred-Weber-Institute of Economics) |
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Producer: |
Krawczyk, Michal |
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Trautmann, Stefan T. |
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van de Kuilen, Gijs |
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Date of Production: |
2012 |
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Grant Number: |
DEC-2012/04/A/HS6/0061 |
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Distributor: |
heiDATA |
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Distributor: |
heiDATA: Heidelberg Research Data Repository |
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Access Authority: |
Stefan Trautmann, Uversity of Heidelberg, Bergheimer Str. 58 (Room 01.029), 69115 Heidelberg, Germany, Phone: +49 6221 54 2952, Fax: +49 6221 54 3592 |
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Date of Deposit: |
2016-12-19 |
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Holdings Information: |
https://doi.org/10.11588/data/10096 |
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Study Scope |
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Keywords: |
Social Sciences, risk attitude, catastrophic risk, insurance |
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Abstract: |
We study behavioral patterns of insurance demand for low-probability large-loss events (catastrophic losses). Individual patterns of belief formation and risk attitude that were suggested in the behavioral decisions literature emerge robustly in the current set of insurance choices. However, social comparison effects are less robust. We do not find any evidence for peer effects (through social loss aversion or imitation) on insurance take-up. In contrast, we find support for the prediction that people underweight others’ relevant information in their own decision making. |
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Country: |
Poland |
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Kind of Data: |
behavioral experiment; laboratory |
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Methodology and Processing |
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Sources Statement |
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Data Access |
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Citation Requirement: |
We would like to make these data and other replication files freely available. People using the data should cite the data/publication. |
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Other Study Description Materials |
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Related Publications |
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Citation |
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Title: |
Krawczyk, M.W., Trautmann, S.T. & van de Kuilen, G. Theory Decis (2016). |
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Identification Number: |
10.1007/s11238-016-9571-y |
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Bibliographic Citation: |
Krawczyk, M.W., Trautmann, S.T. & van de Kuilen, G. Theory Decis (2016). |
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dataset_stat12_with_Bayesian_probs_2.dta |
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dofile_krawczyketal.do |
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